Category Archives: Disability Insurance Blog

Family Easter

7 Smart Financial Moves for New (and Experienced) Parents

My wife and I had our first child in May. The moment they let us take our beautiful daughter home from the hospital without a nurse to guide us was when we realized the newfound responsibility that a child brings!

For the past nine years working as an advisor, I have been helping others plan for many of the important events in their lives, including marriage, children, retirement and leaving a legacy for their family. As I enter a new stage myself, I thought I would share some of the financial steps I took to help secure the financial future of my family.

Detail of a girl working with her tablet

4 Mistakes You’re Making When It Comes to Protecting Your Paycheck

Figuring out if you need to protect your paycheck—really, your ability to earn an income—with disability insurance is pretty easy. If you have a job and you rely on your paycheck to meet your monthly bills and financial obligations, you need it.

In essence, disability insurance is there if you suffer an injury or illness and can’t work for an extended period of time. It will replace a portion of your income until you’re able to return to work again.

But most people who are working don’t have this basic protection for the long term, and often it’s because they assume they don’t need it. Here are four common mistakes people make when it comes to understanding disability insurance and its importance in protecting your ability to earn an income.

Let’s Get the Facts Straight on Disabilities and the Need for Disability Insurance

When asked if they know someone who has become disabled, the most common response is “no.” Yet, over 8.9 million American workers, over 5% of the workforce, are receiving Social Security Disability Insurance benefits today, and SSDI is difficult to qualify for. If we change the question to: “Do know someone who has had cancer, a bad back or heart problems,” the response invariably becomes “yes.” One of the most enduring myths about disability is the average working American’s assumption that disabilities are most likely to be caused by an accident.

If You Love (and Need) Your Paycheck, Check Out These Tweetable Facts

Without your paycheck, how long would you be able to make your mortgage or rent payment, buy groceries or pay your credit card bills without feeling the pinch? If you’re like most, it wouldn’t be long at all: Half of working Americans couldn’t make it a month before financial difficulties would set in, and almost […]

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